Category Archives: Credit

Equifax Discloses its Coming Nightmares

Equifax Discloses its Coming Nightmares | Wolf Street https://wolfstreet.com/2017/11/10/what-equifax-just-said-about-its-legal-nightmare/ Re-posted from Wolf Street. Geoff Geoff Comments: Indeed, the Equifax Data Hack breach nightmare is only just beginning, no one knows the extent of damage that will be caused, nor what … Continue reading

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Sears Holdings Exhausts its Last Credit Facility

Sears Holdings Exhausts its Last Credit Facility | Wolf Street https://wolfstreet.com/2017/10/31/sears-holdings-exhausts-its-last-credit-facility/ Re-posted from Wolf Street. Geoff Geoff Comments: Sears Holdings (Sears & K Mart) will not survive the 2017 Holiday Season, they are virtually Bankrupt…

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This is What it Looks Like When Credit Markets Go Nuts

This is What it Looks Like When Credit Markets Go Nuts | Wolf Street https://wolfstreet.com/2017/10/19/euro-junk-bond-yield-v-us-treasury-yield/ Re-posted from Wolf Street. Geoff Geoff Comments: This was expected, take a good look…

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The Equifax Hack Is The Most Disastrous Data Breach In History Because Now Hackers Have The Credit Information Of 143 Million Americans

The Equifax Hack Is The Most Disastrous Data Breach In History Because Now Hackers Have The Credit Information Of 143 Million Americans http://theeconomiccollapseblog.com/archives/the-equifax-hack-is-the-most-disastrous-data-breach-in-history-because-now-hackers-have-the-credit-information-of-143-million-americans Re-posted from The Economic Collapse Blog. Geoff Geoff Comments: Financially, American’s lives will never be the same, … Continue reading

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Lawsuits Against Equifax Pile Up. But Where Are the Handcuffs?

Lawsuits Against Equifax Pile Up. But Where Are the Handcuffs? | Wolf Street https://wolfstreet.com/2017/09/17/short-seller-carson-block-hit-by-equifax-hack-sues-for-500k/ Re-posted from Wolf Street. Geoff Geoff Comments: More political shenanigans, where even the guilty are not punished…

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Equifax Sacks 2 Executives, Turns Devious to Stop You from Demanding a Credit Freeze

Equifax Sacks 2 Executives, Turns Devious to Stop You from Demanding a Credit Freeze | Wolf Street https://wolfstreet.com/2017/09/15/equifax-sacks-2-executives-gets-devious-to-stop-you-from-getting-a-credit-freeze/ Re-posted from Wolf Street. Geoff Geoff Comments: The Equifax debacle may have doomed the entire credit reporting industry, only time will tell…

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Credit-card defaults have spiked as lending standards fall

Credit-card defaults have spiked as lending standards fall – Business Insider http://www.businessinsider.com/credit-card-defaults-have-spiked-as-lending-standards-fall-2017-6 Re-posted from Business insider. Geoff Geoff Comments: Human nature rules here, people and the businesses they run, have a tendency to over extend when credit is loose, causing … Continue reading

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China’s Credit Excess Is Unlike Anything The World Has Ever Seen

China’s Credit Excess Is Unlike Anything The World Has Ever Seen http://www.zerohedge.com/news/2017-04-22/china%E2%80%99s-credit-excess-unlike-anything-world-has-ever-seen Re-posted from Zero Hedge. Geoff

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Is Everything Out of Whack? Wolf Richter on the Keiser Report

Is Everything Out of Whack? Wolf Richter on the Keiser Report | Wolf Street http://wolfstreet.com/2017/03/16/is-everything-out-of-whack-wolf-richter-on-the-keiser-report/ Re-posted from Wolf Street. Geoff

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Why your low credit score may soon get a boost

Why your low credit score may soon get a boost – MarketWatch http://www.marketwatch.com/story/why-your-credit-score-may-soon-get-a-boost-2017-03-12?siteid=rss&rss=1 Re-posted from Market Watch. Geoff

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